KPS Consortium's Unit Buys RM30 Mln Land, Factory In Klang
KUALA LUMPUR, Aug 19 (Bernama) -- KPS Consortium Bhd, through its subsidiary KPS Plywood Sdn Bhd, has entered into a sale and purchase agreement with Pelangi Technowood Sdn Bhd.
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Trident Acquires 30 Pct Stake In Tongxin's Web 3.0 E-commerce Platform On Telegram
KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).
PETRA To Boost Clean Power Initiatives For Industrial Users
KUALA LUMPUR, Aug 18 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) will strengthen initiatives to offer green electricity supply through third-party access to expand the use of clean energy, particularly among the industrial sector.
Sunway REIT Records Lower Net Profit For 2Q
KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.
IOI Properties Shares Up In Early Trade
KUALA LUMPUR, Aug 11 (Bernama) -- IOI Properties Group Bhd (IOIPG) shares rose in the early trading session, buoyed by positive market sentiment.
MAG’s Boeing Order Tailwinds 13MP’s Economic Blueprint
KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.
Hibiscus Petroleum Sets 2030 Output Target At 70,000 Boe/day
KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.
Boeing Aircraft Acquisition Part Of MAG's Long-term Fleet Renewal, Capacity Expansion Plan - Tengku Zafrul
KUALA LUMPUR, Aug 4 (Bernama) -- The acquisition of Boeing aircraft by Malaysia Aviation Group (MAG) is part of a long-term, phased plan to renew and expand the fleet’s capacity, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Inari Among Most Active During Early Trade After RM1.03 Bln Lumileds Joint Acquisition
KUALA LUMPUR, Aug 4 (Bernama) -- Electronics manufacturer Inari Amertron Bhd emerged as among the most active stocks at early trade following its joint acquisition of equity interest in Lumileds Holding BV for US$239 million (RM1.03 billion).
Settlers To Benefit From Felda’s Majority Stake In FGV - DPM Zahid
KUALA LUMPUR, Aug 2 (Bernama) -- The Federal Land Development Authority’s (Felda) acquisition of a majority stake in FGV Holdings Bhd (FGV) will pave the way for full ownership and restructuring of the company, and Felda settlers will stand to benefit from the profits, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian
KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89).
Achieving 13MP Ambitions Depends On Strong Political Will, Execution -- Kenanga Investment
KUALA LUMPUR, Aug 1 (Bernama) -- The 13th Malaysia Plan (13MP) outlines a bold vision of structural transformation, social inclusivity, and climate resilience, but its credibility hinges on political will and disciplined execution, said Kenanga Investment Bank Bhd.